
Royal Oaks, California 95076
This Versatile Rural Estate represents a Strong Value Opportunity, listed at $959,000—positioned well below the $959,000 Fair Market Value at a stable price point. Featuring a Condition Rating of 3, the property offers significant utility through its 4.71-acre lot, workshop, and finished studios. While the single-bath layout is a constraint, the panoramic coastal views and RDR/5(CZ) zoning provide immense potential for expansion. This unique asset is an ideal acquisition for Hobbyist Homeowners or Investors seeking a private, multi-functional retreat with long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 Strawberry Canyon Road Subject 3 bd · 1 ba · 1,375 sqft · $697 | $959,000* List Price | 3 | 1 | 1,375 | $697 | - |
A 130 Strawberry Canyon Rd Sold 3 bd · 2 ba · 1,302 sqft · $733 · 0.0 mi | $955,000 | 3 | 2 | 1,302 | $733 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1969 but shows evidence of significant maintenance and partial renovations. The kitchen features updated stainless steel appliances and stone countertops (likely 10-15 years old), and the property includes newer finished studios and EV charging. While some elements like the parquet flooring are dated, the home is move-in ready and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 202554, living area = 1375.
The property boasts 4.71 acres of usable land bordered by Elkhorn conservation territory, ensuring exceptional privacy with no rear neighbors and a tranquil rural atmosphere.
Situated at the top of Strawberry Canyon, the site offers breathtaking views spanning Elkhorn Slough, Moss Landing, and the Pacific Ocean, significantly enhancing its long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =202554, other record lot size in square feet = 7200. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1375, other record living area = 1176.
The residence features only one bathroom for three bedrooms, which is below modern market expectations for a home at this price point and may require additional investment to upgrade.
With 195 days on the market and a recent price improvement, the property has faced challenges in securing a buyer, potentially due to its specific rural utility or the age of the primary structure.
Nearly five acres at the top of Strawberry Canyon, in the oaks a mix of terraced hillside living and flat, sunny spaces, looking down the valley to Elkhorn Slough, Moss Landing, and the ocean. Monterey on a clear day. Behind the property is Elkhorn Slough Foundation conservation land. No public access, no rear neighbors, and nothing that can be built there later. The view isn't a matter of who buys next door. The level ground holds the house, a workshop, a carport with EV charging, a stone patio with a firepit, an outdoor shower, and an organic chef's garden. Below that, fruit trees and open ground. Above, a trail climbs through mature oaks to two detached buildings the owners use as studios. The house is 1,375 square feet three bedrooms, one bath, high ceilings, granite counters, cherrywood cabinets. The quiet is the thing people remark on. It's why the owners bought it. This property is served by a private well, no shared water source. Seven and a half miles to Watsonville. Seven miles to US 101.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.6 |
| Square foot | 1,375 | 2,349.857 |
| Lot Size | 202,554 | 88,364.714 |
| Price | $959.0K | $1.16M |
| Price per sq ft | $697 | $503 |
| Built year | 1969 | 1987 |
| HOA | $0 | $150 |
| Days on market | 230 | 58 |
Sep 19, 2026
$959,000
$980,000
-2% Price Drop
Initial Listing
Mar 8, 2026
$980,000
Initial Listing
Feb 15, 2008
$610,000
Public Record